Disclaimer | Real Estate Glossary

Definition of "Disclaimer"

(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.

Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a c ...

Same as term Friendly Fire: kindling intentionally set in a fireplace, stove, furnace, or other cont ...

Deed that states "love and affection" as the consideration for the gifted real estate. ...

Provision requiring insurance company to pay no more than three-fourths of the actual cash value of ...

Membership designation for salespersons working for Realtors. ...

Supervisor of the operation of apartments while residing in one of the apartments. Some responsibil ...

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

A down payment is the money you pay up front for the purchase of a home. ...

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

FSBO means for sale by owner. ...

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

A sales contract is the contract you draw up when you want to make an offer on a home. ...

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